$194.11 Million in Sales Expected for ExlService Holdings, Inc. (EXLS) This Quarter

Equities analysts forecast that ExlService Holdings, Inc. (NASDAQ:EXLS) will report sales of $194.11 million for the current fiscal quarter, according to Zacks Investment Research. Eight analysts have provided estimates for ExlService’s earnings, with the lowest sales estimate coming in at $191.90 million and the highest estimate coming in at $196.25 million. ExlService posted sales of $177.27 million in the same quarter last year, which suggests a positive year-over-year growth rate of 9.5%. The firm is scheduled to issue its next earnings results before the market opens on Tuesday, February 27th.

According to Zacks, analysts expect that ExlService will report full-year sales of $194.11 million for the current fiscal year, with estimates ranging from $756.34 million to $760.69 million. For the next financial year, analysts forecast that the company will post sales of $833.11 million per share, with estimates ranging from $824.73 million to $853.36 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that cover ExlService.

EXLS has been the topic of several recent analyst reports. Zacks Investment Research lowered ExlService from a “buy” rating to a “hold” rating in a research report on Tuesday, February 6th. ValuEngine lowered ExlService from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. BidaskClub lowered ExlService from a “buy” rating to a “hold” rating in a research report on Saturday, December 2nd. Cantor Fitzgerald reaffirmed a “buy” rating and set a $64.00 price target on shares of ExlService in a research report on Thursday, October 26th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $68.00 price target (up previously from $60.00) on shares of ExlService in a research report on Sunday, October 29th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $62.33.

In other news, EVP Villa Rembert De sold 4,325 shares of ExlService stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $60.36, for a total transaction of $261,057.00. Following the completion of the transaction, the executive vice president now directly owns 11,528 shares in the company, valued at approximately $695,830.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David B. Kelso sold 6,576 shares of ExlService stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $61.66, for a total value of $405,476.16. Following the transaction, the director now owns 6,576 shares of the company’s stock, valued at $405,476.16. The disclosure for this sale can be found here. Insiders have sold a total of 24,756 shares of company stock valued at $1,516,115 over the last quarter. 5.80% of the stock is currently owned by corporate insiders.

Several hedge funds and other institutional investors have recently modified their holdings of EXLS. Neumeier Poma Investment Counsel LLC boosted its stake in shares of ExlService by 100.4% during the 3rd quarter. Neumeier Poma Investment Counsel LLC now owns 400,475 shares of the business services provider’s stock worth $23,356,000 after acquiring an additional 200,625 shares during the period. BlackRock Inc. boosted its stake in shares of ExlService by 3.2% during the 4th quarter. BlackRock Inc. now owns 4,179,911 shares of the business services provider’s stock worth $252,257,000 after acquiring an additional 128,001 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in shares of ExlService by 166.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 139,014 shares of the business services provider’s stock worth $8,389,000 after acquiring an additional 86,814 shares during the period. Vanguard Group Inc. boosted its stake in shares of ExlService by 2.1% during the 2nd quarter. Vanguard Group Inc. now owns 2,949,034 shares of the business services provider’s stock worth $163,908,000 after acquiring an additional 61,535 shares during the period. Finally, Prudential Financial Inc. boosted its stake in shares of ExlService by 102.8% during the 3rd quarter. Prudential Financial Inc. now owns 119,543 shares of the business services provider’s stock worth $6,972,000 after acquiring an additional 60,610 shares during the period. Institutional investors own 91.97% of the company’s stock.

Shares of ExlService (NASDAQ EXLS) opened at $57.42 on Friday. ExlService has a 1 year low of $44.61 and a 1 year high of $64.34. The stock has a market capitalization of $1,941.54, a P/E ratio of 27.21, a P/E/G ratio of 1.78 and a beta of 1.14. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.81 and a quick ratio of 3.81.

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About ExlService

ExlService Holdings, Inc is an operations management and analytics company. The Company segments include Insurance; Healthcare; Travel, Transportation and Logistics; Finance and Accounting (F&A); Analytics, and All Other. The Insurance operating segment serves property and casualty insurance, life insurance, disability insurance, annuity and retirement services companies.

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Earnings History and Estimates for ExlService (NASDAQ:EXLS)

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